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With Regards To Social Security Disability: What You Ought To Be Aware Of Ahead Of Filing For Disability Benefits
A lot of people think of giving up work when they hear Social Security, however Social Security gives you benefits to people who are disabled as well.
The bunch of requirements that must be met for Social Security disability benefits is pretty big, and many people don't match those requirements. The fact is, the Social Security Administration says over 60% of applicants usually are denied each year because they don't meet the strict description of disability.
Before filing for disability - tests you have to meet to determine if you are eligible to benefits:
First, you need to be fully protected by insurance, which means you have earned 40 credits over 10 years in protected employment. In 2011, you must earn at least $1,120 to obtain one credit and $4,480 to earn four credits (you can only get four credits in a year). If you have less than 10 years of work track record, there is an alternative test based on your age to see whether you meet the duration of work test.
The second test is the newest work test, which basically says that you must have gained at least 20 credits in the last five out of ten years that ends up with the calendar quarter you became disabled. In general, you would need recent work background in order to qualify for handicap benefits. Again, alternative tests apply for individuals that become disabled before age 31, simply because they haven't had time to build the work history that more mature workers have.
Social Security has a very stringent definition of disability, be careful to see you qualify before filling your Social Security disability application. It's important to note that Social Security is not going to pay benefits based on partial disabilities, you have to be totally and irreversibly disabled to receive benefits. As per Social Security a person is handicapped when he or she is not able to work because of a medical condition or condition that prevailed or can be expected to last for at least 1 year (continuously), or that will result in the person's loss of life. Also, the person must not be able to participate in any "substantial gainful activity".
If you meet the strict definition of handicap above, then you should apply for Social Security benefits as soon as possible. Initially, the time to process your application is very lengthy; second, there is a mandatory five-month waiting around period, so you will not receive benefits right away when filing for handicap.
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